Nifty outlook and Top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research:
NIFTY: SELL
TARGET: 11,190
STOP LOSS: 10,980
The Index closed in the positive territory in the last trading session with a breakout above its previous swing high of 11078 levels. The momentum indicators are well into the buy mode on the hourly, daily and the weekly charts which is a positive sign in the short term. The minimum target of this consolidation breakout comes to 11190 levels whereas the support is pegged at 10980 levels.
STERLITE TECHNOLOGIES: BUY
TARGET: Rs 370
STOP LOSS:

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